« Four Warning Signs of Franchise Fraud | Main | Taken by the Cleaners - New Zealand Style Franchise Fraud »

How Much is that Doggie in the Window?



The Consumer Law and Policy Blog has summary of a paper entitled CL&P Blog: How Much Do Consumers Value Not Getting Telemarketing Calls?

"Despite tremendous debate and policy interest, there has been relatively little research into the issue of how much individuals value their privacy. In this paper, I estimate the demand for the value of privacy from telemarketing as provided by the federal "do not call" registry. From the demand curve, I compute two estimates of the household value of privacy: a lower bound of $3.22 per year, and a best estimate of $8.25 per year. The telemarketing industry must provide consumers with at least this much expected consumer surplus to persuade them not to conceal themselves through the "do not call" registry."

Here is an idea: buy a telephone answering service instead of putting yourself on the Do Not Call - Because I am an Idiot- List.



Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

TrackBack

TrackBack URL for this entry:
http://www.bizop.ca/MT-4.12-en/mt-tb.cgi/1077

Ads

Law Blogs - Blog Top Sites

Recommended Reading

How to Subscribe

Privacy Policy

Subscribing allows you to be updated with either email or RSS, automatically and without having to return to the site. You will never have concerns about privacy or spam.

Enter your email address:

Delivered by FeedBurner

feed.jpg